Page 156 - Kolte Patil AR 2019-20

Notes forming part of the standalone financial statements
NOTE 32 - PARTICULARS OF LOANS GIVEN/GUARANTEES GIVEN, AS REQUIRED BY CLAUSE (4) OF SECTION 186 OF THE ACT
Amount H In Lakhs
Name of the party Nature As at As at March 31, 2020 March 31, 2019
Kolte-Patil Redevelopment Private
Limited Loan 514 407
Period
Repayable on Demand
Repayable on Demand
Repayable on Demand
Repayable on Demand
Rate of Interest
11% 11% 11% 12%
Purposes
General corporate loan
General corporate loan
General corporate loan
General corporate loan
Working Capital Facility
(H in Lakhs) As at
March 31, 2019
2,853 381
20,000
23,234
PNP Agrotech Private Limited Loan
Kolte-Patil Real Estate Private Limited Loan
Anisha Lifespaces Private Limited Loan
555 482
1,079 4,870
65 5
Total 2,213 5,764
Kolte-Patil I-Ven Townships (Pune) Corporate
Limited Guarantee 20,000 2,000
Total 20,000 20,000
NOTE 33 - CONTINGENT LIABILITIES (TO THE EXTENT NOT PROVIDED FOR)
Particulars
(1) Claims against the Company not acknowledged as debt *
(a) Claims not acknowledged as debts represent cases filed in Civil Court and High Court.
(b) Claims in respect of Income Tax matters (pending in Appeal).
(2) Corporate guarantees given issued by the Company on behalf of Subsidiaries** (Refer Note 32)
Total
*In the opinion of the management the above claims are not sustainable and the Company does not expect any outflow of economic resources in respect of above claims and therefore no provision is made in respect thereof.
**The Company does not expect any outflow of resources in respect of the Guarantees issued.
NOTE 34 - AUDITORS REMUNERATION (NET OF GST) TOWARDS
Particulars
Year ended March 31, 2020
(H in Lakhs) Year ended
March 31, 2019
57 - 31 2 90
Statutory audit fees
Tax matters
Other attest services
Re-imbursement of out-of-pocket expenses
Total 70
154 | Kolte-Patil Developers Limited
Not Not Applicable Applicable
As at March 31, 2020
4,254 804
20,000
25,058
56 - 12 2